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Business Current Account credit interest

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Does anybody receive interest on credit balances in a business current account? Do relationship managers have any discretion on the rate payable? Any recommendations welcome. 

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By Accountant A
15th May 2019 10:14

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By Moonbeam
15th May 2019 11:03

What would be wrong in transferring money to a deposit account? At least you'd get some interest that way.

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By JoF
15th May 2019 14:17

Some banks offer interest on current accounts but the rate is pretty pitiful.

I am not aware of any relationship managers having discretion in rate paid, only the rate charged when its a borrowing situation.

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